This chemical is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It plays a role in the development of compounds with potential biological activity, such as inhibitors or modulators of specific enzymes or receptors. Additionally, it is utilized in research settings for the synthesis of complex molecules, particularly in the study of heterocyclic chemistry. Its structure allows for further functionalization, making it a versatile building block in medicinal chemistry and drug discovery processes.